TechFlow reports that on May 22, Jeremy Allaire, CEO of Circle, announced on X that cirBTC is即将 launching. Circle Wrapped Bitcoin (cirBTC) is a tokenized version of native Bitcoin, fully backed 1:1 by native Bitcoin and issued by Circle on the Ethereum mainnet and the Arc network. Each cirBTC is backed 1:1 by native Bitcoin held in reserve by regulated entities within the Circle Group.
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